Yet another analyst :)

[siulynot]

[4] so far. Currently retesting lost blue trend. According to its behavior, we may probably get some sort of triangle.

but that would only left a [5] on the way... you think that [5] will take us to above $140?

[lucif]

Trend leading to 140 damaged.

[siulynot]

Trend leading to 140 damaged.

Ouch, so what would be the count now? Just one more push for a [5]? $110 or something?

[lucif]

Need to wait. Picture isn't full yet. Obviously break above previous higher high will mean wave [5] in act. But here is a some sort of correction. What sort? Hell knows so far. I don't see even zigzag here for a while... This brings me an idea that triangle correction in act.

[lucif]

But zigzag can damadge overall picture

[siulynot]

But here is a some sort of correction. What sort? Hell knows so far.

Well you should know, its not like you are not the god of hell  

[lucif]

Okay, I stressed this and here is my conclusion. As bitcoin 4th waves like triangles much, here is probably the futher action run:

[siulynot]

Okay, I stressed this and here is my conclusion. As bitcoin 4th waves like triangles much, here is probably the futher action run:

There you go, i know hell would email you that chart soon :p

So this is it... the last strech is near... a bump above $100 and fuck down we go.

[samson]

Okay, I stressed this and here is my conclusion. As bitcoin 4th waves like triangles much, here is probably the futher action run:

There you go, i know hell would email you that chart soon :p

So this is it... the last strech is near... a bump above $100 and fuck down we go.

I would agree with this, however I can't help but get the feeling that one or two people pushed the price back up to $90+ artificially and outside of normal market behaviour. Every time it started to go down it was propped back up gain.

Some of the purchases that went through didn't make sense, there was very little Gox lag, people were dumping into the bids and someone was buying from the asks with a spread of upto a dollar or two - with no lag. Normally when it starts to drop off suddenly peolpe don't rush to buy at the market rate.

It looked like someone was panic buying to keep the price inflated.

[siulynot]

Okay, I stressed this and here is my conclusion. As bitcoin 4th waves like triangles much, here is probably the futher action run:

There you go, i know hell would email you that chart soon :p

So this is it... the last strech is near... a bump above $100 and fuck down we go.

I would agree with this, however I can't help but get the feeling that one or two people pushed the price back up to $90+ artificially and outside of normal market behaviour. Every time it started to go down it was propped back up gain.

Some of the purchases that went through didn't make sense, there was very little Gox lag, people were dumping into the bids and someone was buying from the asks with a spread of upto a dollar or two - with no lag. Normally when it starts to drop off suddenly peolpe don't rush to buy at the market rate.

It looked like someone was panic buying to keep the price inflated.

At last people are noticing!

[siulynot]

Yes, seriously

[samson]

You guys think the return to the previous price was the manipulation and not the 40,000 coin dump which set off the fireworks in the first place? Seriously?

I think both of them were manipulative moves.

[ThickAsThieves]

Correlating to BTC price to LTC price manipulation is absurd. LTC follows BTC inversely, and even when it does, it's not always by enough to matter.

[Manticore]

Okay, I stressed this and here is my conclusion. As bitcoin 4th waves like triangles much, here is probably the futher action run:

There you go, i know hell would email you that chart soon :p

So this is it... the last strech is near... a bump above $100 and fuck down we go.

I would agree with this, however I can't help but get the feeling that one or two people pushed the price back up to $90+ artificially and outside of normal market behaviour. Every time it started to go down it was propped back up gain.

Some of the purchases that went through didn't make sense, there was very little Gox lag, people were dumping into the bids and someone was buying from the asks with a spread of upto a dollar or two - with no lag. Normally when it starts to drop off suddenly peolpe don't rush to buy at the market rate.

It looked like someone was panic buying to keep the price inflated.

At last people are noticing!

I couldn't help but notice.....the tiny fillers on the ask w/ huge spread.....as if someone was desperately attempting to keep price inflated.

[samson]

Correlating to BTC price to LTC price manipulation is absurd. LTC follows BTC inversely, and even when it does, it's not always by enough to matter.

I'm pretty sure that Litecoin is massively manipulated by the very greedy amongst us.

[ThickAsThieves]

Correlating to BTC price to LTC price manipulation is absurd. LTC follows BTC inversely, and even when it does, it's not always by enough to matter.

I'm pretty sure that Litecoin is massively manipulated by the very greedy amongst us.

LTC is certainly heavily manipulated, but that's not the topic.

[mr_random]

LTC follows BTC inversely, and even when it does, it's not always by enough to matter.

I follow the LTC market daily and this is completely wrong. I've seen them both drop heavily together and I've also seen Bitcoin drop sharply and Litecoin didn't budge a single cent. And guess what I've also seen Bitcoin shoot up and Litecoin drop like a rock. The relationship is complicated.

[ThickAsThieves]

LTC follows BTC inversely, and even when it does, it's not always by enough to matter.

I follow the LTC market daily and this is completely wrong. I've seen them both drop heavily together and I've also seen Bitcoin drop sharply and Litecoin didn't budge a single cent. And guess what I've also seen Bitcoin shoot up and Litecoin drop like a rock. The relationship is complicated.

First you say I'm completely wrong, then you say there's a complicated relationship.

[mr_random]

LTC follows BTC inversely, and even when it does, it's not always by enough to matter.

I follow the LTC market daily and this is completely wrong. I've seen them both drop heavily together and I've also seen Bitcoin drop sharply and Litecoin didn't budge a single cent. And guess what I've also seen Bitcoin shoot up and Litecoin drop like a rock. The relationship is complicated.

First you say I'm completely wrong, then you say there's a complicated relationship.

There is no obvious pattern, such as LTC tending to follow BTC inversely. I've seen all manner of behaviour in the last few weeks.

[lucif]

LTC on btce is bound to USD price primary.

Bitcoin relation is secondary. It just keeping its USD price, so when bitcoin rises, LTC falls and reverse.

But this alternative currency is shit. It is vulnurable to botnet mining as hell due to its Scrypt algo.